If average revenue equals average total cost,
a. total revenue is maximized
b. average revenue is maximized
c. average total cost is minimized
d. economic profit is maximized
e. economic profit is zero
E
Economics
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Large and efficient agricultural producers like Argentina and Australia protect that sector heavily
Indicate whether the statement is true or false
Economics
Which of the following is a payroll tax?
A. The federal income tax. B. The corporate income tax. C. A sales tax. D. The Social Security tax.
Economics